EURGBP - Running Triangle Pattern

2017年11月30日

EURGBP seems to be developing a Running Triangle in Minute IV (red) position, with its sub-wave Minuette (e) (pink) remaining and not yet finalized.

Should EURGBP reverse to the up-side in a ''three", then the converging and the possible triangle connecting line from Minuettes (a) & (c) would be closely watched for possible sell set-ups.

Scenario would be invalidated if a sharp bearish move would occur beyond Minuette (b) of the Running Triangle.

2017年12月1日

ノート

possible bounce off the connection line of the triangle, to be watched further

2017年12月5日

ノート

EURGBP bounced off the lower converging line from the Running Triangle.
Up-side should reflect a ''three''.

Wave Count has been revised as time cycles do not agree with the triangle forming in a IV wave position because it takes too long and Law of Alternation comes in with time-wise conflict.

We are currently in a Minor B from a Larger Degree (bigger correction) Intermediate (Y) from the overall Primary B Complex Correction.

2017年12月5日

ノート

Primary Degree Correction:

2017年12月14日

ノート

still Bullish:

2018年1月18日

ノート

EURGBP could start a Bullish Wave, 0.88 should be watched closely for possible Support.

2018年3月5日

ノート